SOURCE: Institutional Investor

Institutional Investor

November 10, 2014 17:15 ET

Morgan Stanley Best at Covering Indian Stocks, Money Managers Tell Institutional Investor

No. 3 Kotak Securities Is Highest-Ranked Domestic Firm in Annual Roster of Sell-Side Analysts

NEW YORK, NY--(Marketwired - Nov 10, 2014) - After plunging to sixth place last year, Morgan Stanley rockets back to the top of the All-India Research Team, Institutional Investor's annual ranking of the nation's most highly regarded sell-side equity research analysts.

Complete results can be found at www.institutionalinvestor.com/rankings.

The firm wins 11 spots in this year's survey, more than double the number it captured in 2013 and one more than last year's winner, Bank of America Merrill Lynch.

Kotak Securities holds steady in third place, with nine spots. Kotak is the highest ranked domestic firm for a fourth consecutive year.

A total of 22 firms are represented on the team, including three that didn't appear last year: Ambit Capital, Emkay Global Financial Services and Prabhudas Lilladher.

The 2014 All-India Research Team reflects the opinions of more than 250 buy-side analysts and portfolio managers at nearly 170 institutions that collectively manage an estimated $98 billion in Indian equity assets.

For more information contact Alyssa Walker at awalker@iiresearchgroup.com or (212) 224-3677.

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